Landmark report puts climate at centre of economy
Climate change and the transition to a net-zero economy lies at the heart of the Intergenerational Report released by the Albanese government.
economy, business and finance
BRICS should boost cross-border payment: China
The leaders of the BRICS bloc have agreed to encourage more local currency usage in trade as they seek to shift away from dependence on the US dollar.
Qantas should not pay back pandemic money: Chalmers
Despite Qantas posting a record profit, Treasurer Jim Chalmers says the airline should not have to pay back money it received during the height of the pandemic.
Lithium leader Pilbara posts electrifying $2.4b profit
Pilbara Minerals reports a 326 per cent surge in net profit to $2.4 billion as the world rapidly electrifies and demands a secure supply of sustainable lithium.
Australia’s nervous watch for any great fall of China
Mounting economic headwinds in China, where growth is slowing, will have major ramifications for Australia, Treasurer Jim Chalmers has warned.
Virgin slams govt for rejecting extra Qatar flights
Virgin Australia's chief executive has spoken out against the federal government after it rejected Qatar Airways' bid for more flights to Australia.
Wealth of data to shed light on Australian economy
A speech by the incoming Reserve Bank boss and a wealth of data will provide rich insight into the state of the Australian economy.
Matildas mania kicks retail goals after flat EOFY sales
The Women's World Cup has boosted sales along with a jump in spending on catering and takeaway food following a flat end-of-year sales period for retailers.
BRICS leaders consider group’s role, expansion criteria
BRICS leaders are weighing expansion criteria with the bloc's future in the balance as Vladimir Putin uses their summit to justify Russia's war in Ukraine
China’s fortunes key to Australia’s economic success
As Treasurer Jim Chalmers prepares to release a report on Australia's long-term challenges, he has flagged China's economic success as a key factor.
Industry data casts doubt on 2030 clean energy target
A clean energy investment snapshot shows Australia may be charging into the battery era, but poor planning and transmission gaps risk failure on 2030 targets.
Economic agenda big enough without more tax reform
The federal government says its reform agenda is big enough as it is, without adding further tax reform.
Woolworths says cautious customers are cutting back
Woolworths is tipping price rises in some categories after the supermarket giant posted a $1.62 billion full-year profit, up slightly on the previous year.
Shoppers ‘could fare worse’ without supermarket duopoly
Breaking up duopolies like Coles and Woolworths would actually disadvantage shoppers, Australia's outgoing Productivity Commission head Michael Brennan says.
Woolworths to cut bonuses for managers after deaths
Safety lapses that led to the deaths of two workers at Woolworths stores have triggered a review of every piece of equipment used by the supermarket chain.
BHP warns on tax, productivity after plunge in profits
Profits and dividends are down at BHP on lower commodity prices, but the mining giant says it is managing inflationary pressures better than its rivals.
Woodside fatality, safety lapses mar strong first half
Woodside has reported a six per cent jump in profit to $A2.7 billion, but the death of contractor Michael Jurman has overshadowed its strong performance.
Coles profits rise as consumers skimp on eating out
Consumers are increasingly turning to supermarkets to ride out the cost-of-living squeeze, with Coles experiencing strong growth in sales revenue.
Japan’s industrial giants lead charge for Aussie nickel
A nickel explorer has industrial giants from Japan queuing for future supplies from under the red dirt out west as the battery minerals race accelerates.
Future of Australian economy under spotlight
The latest Intergenerational Report to be released this week will shed light on some of the long-term challenges and opportunities for the Australian economy.
Queensland splashes millions to lure business to bush
The Palazczuk government is spending $80 million on a package to boost business and investment in regional Queensland.
Regional house prices fall as interest rates rise
House prices are down in most regional markets with real estate analysts pointing to interest rates and migration after the COVID-19 pandemic as factors.
Inflation, currency headwinds take toll on CSL’s profit
Australia's third-largest company has reported a three per cent drop in net profit after tax, but CSL says plasma collections hit record levels.
Weakness in economy continues as rate rises bite
With the labour market at a "turning point", a leading index of Australia's economic activity has produced its longest run of negative results in seven years.
coal
company information
consumers
economy, business and finance
electricity production and distribution
energy
energy and resource
natural gas
Little relief for consumers as Origin posts $1b profit
Origin Energy expects another tough year for cash-strapped customers after posting an FY23 net profit of $1.06 billion as it prepares for a foreign takeover.
construction and property
economy, business and finance
environmental issue
global warming
insurance
politics
real estate
Home insurance out of reach as climate disasters surge
The biggest rise in premiums in 20 years has raised concerns households may forego insurance and be even harder hit when the next disaster strikes.
Consumer sentiment softens as businesses seek lifeline
As business conditions and consumer sentiment soften across the country, operators are looking to credit cards to manage their finances, but there are pitfalls.
coal
economy, business and finance
electricity production and distribution
energy
energy and resource
environmental issue
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
politics
Tool exposes ‘risky’ assumptions behind climate pledges
Some companies are too reliant on "risky" carbon capture and storage assumptions when claiming they are meeting global climate targets, data shows.
‘That is progress’: optimism as wages climb again
Workers feeling the pinch amid inflationary pressures may finally be experiencing some relief, with wage growth catching up to a key cost of living measure.
Cutting-edge hydrogen tech starts up in steel heartland
A next-generation hydrogen electrolyser is being commercialised to give steelmaking and other heavy industries a future in Australia's regions.
economy, business and finance
energy and resource
environmental issue
metal and mineral
mining
politics
Early days for lithium as colts vie for talent, ports
Australia is urged to be bold in the race for high-purity lithium for electric cars and clean energy, as veterans and newcomers jostle for capital and ports.